Comments on: Nearly 50 Percent of U.S. Homeowners with a Mortgage will be Underwater in 2011 http://steadfastfinances.com/blog/2009/08/06/nearly-50-percent-of-us-homeowners-with-a-mortgage-will-be-underwater-in-2011/ A Personal Finance & Investing 101 blog that delves into current events, consumer education, and techniques to improve your bottom line. Sat, 20 Mar 2010 15:25:32 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Matt http://steadfastfinances.com/blog/2009/08/06/nearly-50-percent-of-us-homeowners-with-a-mortgage-will-be-underwater-in-2011/comment-page-1/#comment-3786 Matt Fri, 07 Aug 2009 04:07:24 +0000 http://steadfastfinances.com/blog/?p=1574#comment-3786 Yeah, prime borrowers are supposedly the next group to tumble. It's not hard to believe it when you consider that companies are still downsizing and lots of folks are just two paychecks away from financial ruin. I don't know if I would be heading outside the U.S. any more than normal exposure to global markets. Not an expert there. Strangely enough, I've been considering doing some vulture investing in the southeastern U.S. condo market. This post might put a hold on that unless I get an exceptional deal. Yeah, prime borrowers are supposedly the next group to tumble. It’s not hard to believe it when you consider that companies are still downsizing and lots of folks are just two paychecks away from financial ruin.

I don’t know if I would be heading outside the U.S. any more than normal exposure to global markets. Not an expert there.

Strangely enough, I’ve been considering doing some vulture investing in the southeastern U.S. condo market. This post might put a hold on that unless I get an exceptional deal.

]]> By: MoneyEnergy http://steadfastfinances.com/blog/2009/08/06/nearly-50-percent-of-us-homeowners-with-a-mortgage-will-be-underwater-in-2011/comment-page-1/#comment-3784 MoneyEnergy Fri, 07 Aug 2009 03:50:36 +0000 http://steadfastfinances.com/blog/?p=1574#comment-3784 Yep, yep. Of course "freaks" like Peter Schiff were already talking about that, but people don't like to listen to negativity if it's about the future and they think it won't happen to them... I've heard from a number of analysts now that the "prime" borrowers are the next mortgage sector to start going under. Good reason to get investing outside the U.S. for more diversification. Yep, yep. Of course “freaks” like Peter Schiff were already talking about that, but people don’t like to listen to negativity if it’s about the future and they think it won’t happen to them… I’ve heard from a number of analysts now that the “prime” borrowers are the next mortgage sector to start going under. Good reason to get investing outside the U.S. for more diversification.

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